10 Proven Ways to Make Money with YouTube Videos
If someone questions kids today what they need to be once they get older, they’ll probably say ‘YouTube star.’
While most people will say that’s not a ‘true job,’ the numbers will say otherwise. To date, the typical YouTube personality can earn about $5 for every 1,000 views on their video. So for somebody with but 50,000 subscribers, they will earn anywhere from $7,000-$9,000. Great for an individual who creates content for the online.
Proven Ways to form Money on YouTube
1. YouTube Premium Subscription
Formerly called YouTube Red, this is often an ad-free service that lets its users save videos offline. You also get YouTube Music Premium/Google Play Music for free of charge and watch exclusive content from popular YouTubers. If you enjoy YouTube now, you’ll enjoy it more – for just a measly $11.99 a month (students get $5 off).
For content creators, this suggests a second revenue stream. First, you’ll earn through your regular ad-supported content for none-Premium viewers. Second, you’ll make money when people view and download your content ad-free from YouTube Premium. Sweet!
2. Sell Merchandise
There’s an exact number of YouTube celebrities who swear they create extra money on their merchandise than they are doing from AdSense. Consider it as buying concert shirts. You’re keen on the band, so you buy tickets and attend their show. Afterwards, you swing by the souvenir booth to grab a shirt or CD sold at the venue to recollect the event.
The premise is analogous to YouTube merch. During this field, those that are successful include gamer Markiplier, Rhett and Link from Good Mythical Morning, American sketch comedy YouTube channel Smosh, and comedian/actress Grace Helbig.
3. AdSense (YouTube Partner Program)
Man Checking His Google Analytics
This is perhaps the foremost typical – and therefore, the first – method you’ll explore when it involves monetizing your YouTube channel.
As Google owns the world’s leading video-sharing platform, you’ll check in to their Partner Program to urge a percentage of revenue that advertisers pay. Currently, the speed is 68% to the publisher, and Google keeps 32% for themselves. Say a business pays $100 for ads, the YouTuber will then receive $68.
Sounds awesome? Well, not quite. While most YouTube celebrities get their income from this technique, it’s not sustainable, particularly after the vacations (when advertisers refuse to spend a lot). To not mention that you simply got to jump through a couple of hoops before you’ll earn ad revenue.
First, you would like to possess quite 1,000 subscribers. Second, your videos should have a minimum of 4,000 public watch hours within the last 12 months. Third, of course, you would like an AdSense account. Lastly, confirm you stick with YouTube’s monetization policies (no, you can’t ask your viewers to click on your ads).
This may seem simple enough, but you’re getting to need creativity, patience, and authenticity to form everything that adds your favour. Also, not all ads are created equal.
For example, rollout ads (those that appear before the video) generally pay quite banner ads (which appear during your video). It’s best if your subscribers watch a minimum of 30 seconds of the ad, rather than immediately skipping it.
4. Product Placement
You earn money from featuring and ‘placing’ the merchandise directly into your content. Counting on how you initially shoot videos, you’ll use the product/service throughout. Otherwise, you can show or mention it for less than a few minutes. Usually, though, you’ll find yourself recommending it to your viewers.
As for revenue, it’s supported the initial agreement with the brand. You’ll get paid a one-time fee for featuring them on your channel. Otherwise, you can obtain a commission from the sales. As per Federal Trade Commission rules, though, you would like to be transparent that your content is sponsored or paid. Otherwise, you’ll get into some serious trouble.
5. Use YouTube to urge Website Traffic
Create a replacement Blog Post Inside WordPress
As they assert, success isn’t found overnight; and creating videos on YouTube isn’t the sole lucrative option on the online either. If you’re keen on writing or have an internet site running for months/years now, you’ll use YouTube to drive traffic there. Heck, use the video platform to extend income on both channels!
In case you can’t enter detail on your videos, ask your viewers to see your website for the complete story. Provide printable content so subscribers can easily follow how-to’s or recipes. You’ll also offer freebies like ebooks or stickers. Don’t forget to say these to your subscribers to know where to go to for these awesome goodies.
6. Affiliate Programs
Don’t have tons of subscribers yet, but you would like to monetize?
Not to worry, join an affiliate program, and receive a link where you’ll get commissions supported sales of the merchandise. Companies like Amazon, Rakuten, and Target all have affiliate schemes that help fledgeling accounts earn supported performance.
You can reach bent businesses that you’re curious about also. So if you’re a beauty vlogger, as an example, you’ll pair up with cosmetic brands or local spas for a win-win affiliate scheme.
7. Membership or Fan Funding
Some person operating smartphone capturing video of a concert near the stage with lights during nighttime
This is where websites like Patreon are available. While providing free content is excellent, if you’re looking to form money online, creating exclusive content (or other perks) only for paying fans is often a sound revenue source. You’ll use that cash to create more creative content or finance an ongoing concept that will wow your paying fan base.
By signing up for a membership, patrons can get limited-time merch, first dibs on premium video, or live streams.
8. Brand Sponsorship
This is possibly the summit of becoming a YouTube sensation. Finally, a brand has noticed your A-game and needs to try a paid partnership. Awesome! There is a professional and con to the present sort of monetization model.
On the upside, brand sponsorships nowadays can vary. As many high-earning YouTube stars also command high prices for partnerships, those with a more sizable subscriber base (from 20,000 and up) can still be contacted if they see earning potential. This suggests you don’t necessarily need fans within the millions (although that might help in terms of sales).
However, on the downside, brand sponsorships don’t just happen. Unlike affiliate programs, you can’t merely contact a large name business and expect them to sponsor your next content. More often than not, YouTube content creators are contacted first by a few possible sponsorship deals.
There’s an exact number of YouTube celebrities who swear they create extra money on their merchandise than they are doing from AdSense. Consider it as buying concert shirts. You’re keen on the band, so you buy tickets and attend their show. Afterward, you swing by the souvenir booth to grab a shirt or CD sold at the venue to recollect the event.
The premise is analogous to YouTube merch. During this field, those that are successful include gamer Markiplier, Rhett and Link from Good Mythical Morning, American sketch comedy YouTube channel Smosh, and comedian/actress Grace Helbig.
9. Crowdfund
Ever wanted to launch a cooking channel, but you don’t have enough funds to urge started? Have a fledgeling YouTube channel, but want to expand your viewership through a replacement weekend series? Then a touch financial help can go an extended way.
Crowdfunding to form money on YouTube is the same because it is in sites like Kickstarter and Indiegogo. You’ll get to check in with them before you create this work.
You can do recurring or project-based crowdfunding. For project-based, podcasts or a particular series are good ideas. Meanwhile, recurring crowdfunding is often made lucrative with incentives like merchandise, one-on-one chats, or exclusive content.
10. License to Media
Even if you create content for fun, there’s nothing wrong with thinking for the longer term. Who knows, maybe what you’re creating now will be worth tons more within the coming months or years. Once you do become viral, there’ll be substantial media outlets that will want to feature you and your content. It’s never too early to believe in-licensing and permissions.
Technically, once you upload videos to YouTube, you continue to retain your rights to that content. However, if other entities, sort of a news network, want to use your content, they will need a licensing fee to use it. Here’s where video rights marketplace sites like RightsTrade and Jukin Media are available handy.
Sign up, promote your content, and earn from industry buyers who want to use your videos for all purposes: from personal viewing to commercial screenings.
Wrapping Up
Combine two (or more) of those methods for monetizing your YouTube videos. Determine what works best for you and your brand.
Already have a channel? Then all you would like now’s diligence to realize more subscribers. Consistent with experts, success comes at 1 million marks. That’s because it takes a sizeable number of viewers to form the income sustainably.
